"Hong Kong's economy won't pick up right away and it will take some ... But their mission has been completed," he said. John Tsang Chun-wah, the finance chief at the time, introduced market cooling ...
Shareholder advisor tells HSBC investors to vote against break-up
Shareholder advisor Glass Lewis has recommended HSBC investors block two resolutions filed by Ken Lui's Hong Kong-based minority investor group, describing calls to break up the lender and revamp ...
Ping An to demand HSBC boost dividend and commit to regular structural review
Chinese insurer and bank’s largest shareholder will tell lender at its AGM next month to spin off Asian business ...
Ping An joins rebels in battle for HSBC break-up
The biggest shareholder in HSBC has stepped up its campaign to force a break-up of the FTSE 100 bank by backing a separate attempt by another group of rebel investors to split it in two.Ping An, a ...
Hong Kong Rises On Signs Of Consumer Comeback
Mainland markets underperformed Hong Kong, a dynamic that we have not seen in a while and ... PBOC Chair Yi Gang made statements at the IMF Conference regarding the reform of China’s banking sector.
HSBC shareholder Ping An to vote for bank’s break-up at annual meeting -source
HSBC's biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5, a source familiar with the Chinese insurer's thinking said on Monday.
Hong Kong consumption vouchers: eager shoppers welcome fresh round of spending credits but some say HK$5,000 value not ‘shocking’ enough
First of two tranches dished out on payment platforms from Sunday, giving users HK$3,000 in digital credit Foreigners in city on various talent and work admission schemes, or to study, also entitled ...
BYD, HSBC keep Hong Kong stocks near 1-week high before China GDP data while JD.com slides amid competition
China's economic recovery likely strengthened last quarter while manufacturing and retail sales advanced in March, official reports this week may show JD.com slides as some analysts turn more bearish ...
Hong Kong set for ‘mild’ growth in first quarter amid upbeat consumption, smaller exports decline: Paul Chan
Financial secretary says overall consumption has recently surged 17 per cent on the back of Covid curbs being lifted He sounds hopeful note on tourist spending as flight capacity takes off Hong Kong's ...
Julius Baer sets up Hong Kong office as Swiss private bank follows super-rich clients eyeing investment visas, tax concessions
We have existing clients who have already set up family offices here and we have seen plenty more who are exploring the opportunity,' a senior executive says The Zurich-based private bank will ...
Hong Kong releases HK$3,000 in first phase of consumption vouchers scheme
Hong Kong has released the first phase of this year’s consumption vouchers scheme, allowing residents to collect HK$3,000 in their digital payment accounts. From Sunday, those who elected to receive ...
Protect Hong Kong’s internet, financial security or risk ‘battleground without gunfire’, city’s Paul Chan warns
Financial Secretary Paul Chan says city must safeguard status as international fiscal centre in light of increasing tensions between China and West.
Innovate Finance slammed for hosting Hong Kong minister at London conference
Fintech industry body Innovate Finance has been criticised over its decision to invite a senior Hong Kong finance minister to speak at a London conference next week as the territory’s government ...
China’s top banker says rate hikes by Western nations fuel global financial instability
People’s Bank of China Governor Yi Gang addresses finance ministers in Washington in first trip to US capitol by a senior Chinese economic official since pandemic.